This document discusses Bitcoin and blockchain technology. It defines Bitcoin as a decentralized, cryptographically secure peer-to-peer digital currency and open ledger with a fixed supply of 21 million units. While the supply is fixed, the document notes there is leakage from lost or inaccessible coins. It also questions the significance of the fixed supply number. The document then discusses the current state of Bitcoin adoption by financial services, big tech, merchants and investors as well as regulation. It predicts significant growth in Bitcoin merchants, ATMs and wallets by the end of 2015. In closing, it states that blockchain technology is open, disruptive and empowering as it ends centralized intermediaries.

1. BITCOIN,
BLOCKCHAIN
& BEYOND
Inside Bitcoin – Seoul
Andrew “Flip” Filipowski
Founding Partner, Tally Capital
@silkroadflip

2. Bitcoin is one of the greatest
technological, financial, political,
industrial & humanitarian inventions
of our time…

5. WHAT IS BITCOIN?
The “Internet of Value”
Decentralized
No Central Authority
Cryptographically Secure
Peer-to-peer
Open Source
Open Ledger
Programmable
Fixed supply of 21 million *
Scarce
Portable
Recognizable
Fungible
Divisible
Durable
Transparent
Store of Value

6. 21,000,000 Bitcoins Fixed for life ?
Not really as there is lots of leakage
More important is to understand how arbitrary this
number is.
It is really
21,000,000.00000000
The decimal point is a crock
How do you make more? Well you just add another
2 quadrillion units to the end of the 2 quadrillion units
that are already there.

8. WHO IS SATOSHI
NAKAMOTO?

11. CURRENT STATE OF BITCOIN
FINANCIAL SERVICES BIG TECH MERCHANTS

12. CURRENT STATE OF BITCOIN
INVESTMENT HUMAN CAPITAL INNOVATION
REGULATION ADOPTION & ACCESS
BITCOIN MERCHANT FORECAST
(END 2015): 140,000
BITCOIN ATM FORECAST
(END 2015): 750
BITCOIN WALLET FORECAST
(END 2015): 12 MILLION

13. Source: https://getaddr.bitnodes.io

14. Who’s Backing Bitcoin
Companies?

21. Potential Use Cases For Blockchain

22. •

27. Blockchain
technology is open,
disruptive and
empowering
– an agent of change
– and ushers the end
of the middleman.
Johnston’s Law:
“Everything that can be decentralized, will
be decentralized.”

28. ONE
MORE
THING…